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Iconic Point Preview Roadshow @ Queensbay Mall
Iconic Point Preview Roadshow happening soon this coming Merdeka! Drop by to get first-hand information on the latest commercial hub Iconic Point & Soft Launch Event. Line up of exciting activities for you and family such as Iconic Photogenic Contest and clown appearance! See you soon! For more info please ... Read More
Undersea tunnel project still on
The proposed Penang undersea tunnel project report submitted for review by the technical consultant is over 90% complete and there’s no plan to stop the project, said Chief Minister Chow Kon Yeow (pic). The 7.2km tunnel project costing RM6.3bil connects Gurney Drive to Bagan Ajam in Seberang Prai and is ... Read More
Sena Mas
Sena Mas, the very first affordable landed housing in Penang by PTL Properties Sdn. Bhd. It is located within Tasek Gelugor township, easily accessible via Jalan Tasek Gelugor. This development is just stone's throw away from Setia Fontaines mega township development by SP Setia, about 10 minutes drive to North-south Expressway ... Read More
Penang ferry service upgrade to begin next year, catamarans will be introduced
Transport Minister Anthony Loke today gave a commitment that the systems upgrade for the Penang ferry service, will begin next year. The upgrading project to be undertaken by Prasarana Malaysia Bhd (Prasarana), the owner and operator of transportation services in the country, will include the introduction of catamarans apart from ... Read More
Soft Launching of Amansara South @ Setia Fontaines
S P Setia, the leading property developer in Malaysia, will once again be making a record-breaking success in the established neighbourhood of Kepala Batas with their mega international township development, Setia Fontaines. Located at Bertam, Setia Fontaines encompasses an impressive prime land of 1,675 acres, with an exclusive 16 residential ... Read More
BNM expands eligibility for RM1b affordable homes fund
Bank Negara Malaysia’s easing of eligibility requirements for its RM1 billion Fund for Affordable Homes should lead to at least a 20% increase in home loan approvals for first-time homebuyers, said Finance Minister Lim Guan Eng. He added that it will help first-time homebuyers see a 20% reduction in their ... Read More
Govt urged to extend home ownership incentives to secondary market
The Penang branch of the Malaysian Institute of Estate Agents (MIEA) has asked that the government extend the incentives under its Home Ownership Campaign (HOC) to encompass the secondary market. MIEA Penang chairman Christina Choong said house buyers were given stamp duty exemption under the HOC but this only applied ... Read More
UPCOMING: Butterworth / Fenley Development
A proposed commercial development by Fenley Development Sdn. Bhd. at Butterworth. Strategically located off the ever-bustling Jalan Raja Uda, right next to the exit from Butterworth Outer Ring Road (BORR). It will only take 5 minutes drive to Penang Sentral, less than 15 minutes to Penang Bridge. This development will see ... Read More
Bayan Lepas LRT Public Inspection
The Penang Transport Master Plan (PTMP) is a comprehensive five-in-one transport blueprint consisting of light rail transit (LRT)/monorail, ferries, taxis, buses and water taxis to meet Penang’s needs over the next 50 years. The Bayan Lepas LRT (BL LRT) is the first urban rail line to be built under the ... Read More
Penang may see more interest from Hong Kong investors
The current unrest and chaos in Hong Kong may create more business and property sale opportunities in Penang, says Chief Minister Chow Kon Yeow. He said Penang had always been a destination for investment, tourism and business. “In light of the problems in Hong Kong, we may see more businesses ... Read More
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